IndiaMART.com Participates in 3rd National Conference on Digital Commerce

NEW DELHI, January 27, 2011 /PRNewswire/ --

- Organised by IAMAI and eBay, the Conference Highlights the Key Issues, Challenges and Opportunities of e-Commerce in India

- Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, Shares how Digital Commerce has Come of Age

- Over 350 Delegates Attend the Conference

While internet has shrunken the world, its by-product Digital Commerce has completely changed the business landscape. Several experts from the internet and mobile industry got together at the 3rd National Conference on Digital Commerce, organised by IAMAI (Internet and Mobile Association of India) and eBay in Mumbai recently, and deliberated on how Digital Commerce has come of age while also elaborating on various factors associated with it. Realising the importance of the subject for Micro, Small and Medium Enterprises, IndiaMART.com, India's largest B2B marketplace, associated itself with the Conference. The Conference brought forward different facets of digital commerce in India.

The eminent dignitaries present at the event included Jean Francois Van Kerkhove, Vice President- Strategy, eBay Inc; Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com; Mr. Anupam Mittal, Chairman and Managing Director, People Group; Mr. Rajesh Agrawal, Secretary, Agriculture, Dairy, Development, Fisheries and Animal Husbandary, Government of Maharashtra; among others. There were several panel discussions held as part of the Conference.

Speaking as part of the panel discussion on "Digital Commerce has come of age," Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com, said, "B2B Marketplaces are successful e-commerce enablers and have redefined the business dynamics in the country. They are providing much-required fillip to the MSMEs." On the way forward for Digital Commerce, he said, "Digital Commerce possesses the potential to connect small towns and rural areas, which is a crucial area for further growth."

Other speakers in this discussion included Mr. Rajesh Sawhney, President, Reliance Big Entertainment; Mr. Rajesh Nahar, Co-founder & President, Cbazaar.com; Mr. Amarinder Dhaliwal, VP & Business Head - Auto & eCommerce, Times Internet; and Mr. Anup Seth, Senior Vice President, Future Bazaar.

Shedding light on the modes to adopt e-commerce, Mr. Anupam Mittal shared that a key challenge which digital commerce companies are facing today is to make the consumers comfortable with the medium. He said, "Lot of people are still not completely aware of and comfortable with using the digital medium. We, companies and the government, have to walk together to drive broadband penetration through consumer marketing."

Mr. Jean-Francois Van Kerckhove, Vice President - Strategy, eBay Inc. shared, "India is presently at a major inflection point as far as e-commerce is concerned. It is extremely important to ensure that broadband and mobile spread is increased so as to ensure that a much-needed impetus is given to the e-commerce sector. Also a set of business-friendly regulations will help in driving web adoption that will in turn drive online commerce."

The Conference was highly acclaimed by around 350 delegates present there. It underlined the importance of exploring Digital Commerce for businesses across sectors.

About IndiaMART.com

IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996 by Mr. Dinesh Agarwal (CEO), the company has a pan-India presence in over 100 cities. With over 2400 employees located across 55 offices in the country, IndiaMART.com offers an extensive range of value- added products and services to its 1 million registered members and nearly 5 million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit: http://www.indiamart.com/press-section

About IAMAI

The Internet & Mobile Association of India (IAMAI) is a not-for-profit industry body registered under the Societies Act, 1896. Its mandate is to expand and enhance the online and mobile value added services sectors. It is dedicated to presenting a unified voice of the businesses it represents to the government, investors, consumers and other stakeholders. The association addresses the issues, concerns and challenges of the Internet and Mobile economy and takes a leading role in its development.

For more information, please visit: http://www.iamai.in

Media Contacts

    
    Pawandeep Kaur          Internet and Mobile Association of India (IAMAI)
    Manager - PR            Kalyan Biswas
    T: +91-120-3911000      Mobile: +91-9971768811
    F: +91-120-2424943      Tel: +91-11-46570328
    E: pr@indiamart.com     E-mail: kalyan@iamai.in